FB

About FB

The ProShares S&P 500 Dynamic Buffer ETF is an exchange-traded fund designed to provide exposure to the S&P 500 with a novel risk management approach. The fund employs a patent-pending, dynamic strategy that enables participation in S&P 500 gains up to a daily cap while offering a buffer against losses, specifically targeting protection from the first 1% to as much as 5% of daily declines in the index. Both the downside buffer and upside cap are reset and adjusted daily, responding automatically to changing market volatility. When volatility is expected to rise, the ETF targets a larger buffer and a higher cap; when volatility is lower, the target buffer and cap scale down accordingly. This daily parameter resetting distinguishes it from traditional buffer ETFs, which operate on fixed outcome periods. The ETF primarily utilizes short-term equity options to implement its strategy and aims to help risk-sensitive investors maintain equity exposure without the full impact of market drawdowns. Its quarterly distributions, transparent structure, and focus on volatility-managed equity participation cater to investors seeking steady market involvement with defined risk mitigation.